Econome

Region
Sub-Saharan Africa
Country
Last update
10/2022

Econome crosses the last mile to distribute home utility products like solar lighting, clean cooking and grain storage facilities to rural households in Kenya. In doing so, the company creates income opportunities for female sales agents.

Inclusive Business Model

Econome leverages digital social-welfare groups to enable rural households to have easy access to solar lighting, clean cooking, water & grain storage products and energy-efficient home appliances with innovative financing options. Based in rural areas, they sell a variety of products under one roof, close to consumers. Being locally anchored is crucial for Econome. Alternatives to their service exist but have their drawbacks. Products from local retail outlets are often of poor quality, while specialized distributors demand upfront payments or focus on one single product line only.

Impact

The products save consumers time and money. An efficient cook stove, for instance, take less time to heat and saves costly fuel. Hence, Econome has three main metrics: the number of hours saved by using our product, the amount of money saved, and the number of people impacted – which is calculate based on the number of products sold.